Wednesday 17 April 2013

What is it about 'the return of licenses' or the suggestion of it?

What is it about 'the return of licenses' or the suggestion of it?

Ian, I am totally perplex with the messages/emails asking for commentary about the return of the licenses. The opportunity was within the Indonesia Legal System that was devoid of impartiality and openness. So much so they ignored their own laws, policies and mandates and ruled against what was a clear cut case.  The Government of Indonesia inventing 'issues' aided with the conspiracy or alleged fraud of parties involved with the licenses including the other company associated with a politican and former presidents daughter.

So what does this rhetoric mean? It's simple...the odds of a return of the licenses is now 'nil' due to a lack of 'trust and confidence' in the Country for Churchill to do business or be treated fairly. As a result compensation is the only way forward as Indonesia has failed to negotiate a solution, restitution will be in the form of financial compensation (my view). This is also backed up with the various legal precedence I have given out for people to refer to.

Honestly, if International Arbitration or the simplistic understanding isn't your bag, sell up take your profits and go where things are more complex. International Arbitration couldn't be easier to understand and the processes within it. Remember Rurelec didn't agree with the Jurisdiction but opted for the Hague instead..  

Yet more reasoning for why Bulletin Board's are damaging intelligence and investments; perhaps they should give out a Muppet award for post of the week/month! The irony being is if all investors worked together on various elements and issues, they could try the case and assess the viability of an investment. I have with the assistance of others...albeit I'm not legally qualified, this still gives me some faith in process and whom has been appointed to make the Churchill claim etc...

Apologises for the abruptness but it's better to hear it in clear thought and mind...those inferring the likelihood of a reward of the licenses are in essence betting against the entire Arbitration System. That doesn't mean it couldn't happen as part of a negotiated settlement but is very unlikely.

No proof-reading this evening it's a late-on!  

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